MCX Gold Tips:
Gold is trading on its lower trend as rupee going on its streanth against the dollar. Gold prices ended at a seven-month low on Comex. Talking about domestic market, Gold is trading on a consolidate to down trend from 2-3 days of trading. MCX Gold has a range bond between 29200-30000 level. Looking flat for today. MCX Gold has a strong resistance at 29700 level today and a support at 29300 level. For Today MCX Gold Tips is to sell Gold April furures on higher level.
Commodity Trading Strategies For Today:
- For Silver Trading Strategy is to Sell around 53800 with stop loss of 54300, for the target of 52600.
- In Natural Gas Strategy is to Buy N.G. around 175 for the target of 181 with a stop loss of 172.
- Copper is choppy today. We suggest a sell on Higher level as Commodity Trading strategy for today.